Web Experience Management Provider Attributes Growth to Strong Product Delivery, Global Company Expansion, and New Programs

Mineola, NY – October 21, 2009 – FatWire Software, the largest independent Web Experience Management (WEM) provider, today announced that the company realized a 50% increase in license bookings from Q2 2009 to Q3 2009.

The company attributes this growth to an expanding set of capabilities in its Web Experience Management portfolio, global expansion, including a new Latin American presence, new programs driving market penetration, and strong execution as the global economy emerges from recessionary times.

In Q3 alone, fourteen new customers joined FatWire including leading organizations across industries such asVisit Britain, Yorkshire Building Society, and Northwestern Memorial Hospital, and ten existing customers upgraded and expanded their implementations, including Elsevier, the Hartford, and XXX. Global expansion has also been driving the company’s growth. In Q3 FatWire announced the opening of its Latin America office located in Brazil. Through this office FatWire will serve new and existing customers including iG and Grupo Santander.

In the last 12 months FatWire has launched expanded capabilities across its product suite to enable organizations to create a web presence that will drive marketing, customer, and cost efficiency success. Recent releases include new versions of its flagship Content Server web content management product, Engage content targeting module, the web content Analytics module, its TeamUp collaboration platform, and the FatWire Content Integration Platform. FatWire also launched a new expanded Global Partner Program, as well as a Customer Rescue Program designed to help struggling Vignette and Interwoven customers move to a next-generation web platform.

The company has recently announced that it is extending the popular Customer Rescue Program for Vignette and Interwoven customers through December 31, 2009 due to continued strong demand. The program speeds the upgrade path to FatWire Content Server for legacy Interwoven and Vignette customers, providing them with discounts, tools and services designed to ensure a smooth transition to a web platform that can meet their needs into the future.

“It’s been a busy time at FatWire and we are thrilled to continue to expand our geographic, customer and partner footprints,” states Yogesh Gupta, FatWire’s president and CEO, “It is great to see the economy picking up speed and to see the continued escalation of demand for FatWire’s offerings. Our strong products, vision, and programs are clearly meeting the needs of organizations today to use the web as a tool for business growth and operating efficiencies.”

About FatWire

FatWire Software (http://www.fatwire.com) provides Web Experience Management (WEM) solutions that enable organizations to deliver a rich online experience to users and to simplify management of their web presence. Headquartered in Mineola, N.Y., FatWire serves over 500 customers from offices in 10 countries.
 

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Press Contact:

Rita O’Brien
FatWire Software
Phone: (516) 328-9473 ext. 422
Mobile: (516) 661-1225
rita.obrien@fatwire.com